Nuvama Wealth Management has announced a 1:5 stock split and a Rs 70 interim dividend. The company reported its Q2 earnings, showing a marginal decrease in consolidated net profit. Revenue from operations saw an increase compared to the previous year. The stock split will divide each Rs 10 share into five Rs 2 shares.Read More
Palantir Technologies shares dropped 6 percent on Tuesday. This occurred even after the company released a strong quarterly update and forecast. Demand for its data analytics services is rising due to AI adoption. Investor Michael Burry has placed bearish bets on Palantir. This has raised concerns about the AI and tech industry’s spending.Read More
Paytm Q2 Results: Fintech firm Paytm reported a significant 98% drop in net profit to Rs 21 crore for Q2, despite a 24% rise in revenue to Rs 2061 crore. The company attributes revenue growth to increased subscription merchants and financial services distribution. Paytm plans to expand merchant offerings, grow financial services, and leverage AI...Read More
SBICAP Securities has appointed Bhuvaneshwari A. as its new Managing Director and Chief Executive Officer. She brings over three decades of experience from SBI. Bhuvaneshwari aims to make SBICAP Securities a digitally driven, customer-centric, and innovation-led investment services company. The focus will be on strengthening technology, expanding products, and deepening customer engagement.Read More
Even as the Sensex fell 519 points to 83,459, nine BSE 200 stocks including Shriram Finance, SBI, Bharti Airtel, and Titan touched new 52-week highs, signaling strong bullish momentum.Read More
Nifty and Sensex fell 0.64% each as IT, auto, and metal stocks dragged markets. Key movers included Hitachi Energy, Thangamayil Jewellery, 3M India, City Union Bank, and Hero MotoCorp.Read More
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